Global Floor Grinding and Polishing Machine Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Floor Grinding and Polishing Machine Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Grinding and polishing is a surface processing technology. Floor Grinding and Polishing Machine is a specially manufactured machine. Floor Grinding and Polishing Machine is mainly used for grinding and polishing marble, granite, concrete and any other types of floors.

Market Overview:

The latest research study on the global Floor Grinding and Polishing Machine market finds that the global Floor Grinding and Polishing Machine market reached a value of USD 302.34 million in 2022. It’s expected that the market will achieve USD 401.86 million by 2028, exhibiting a CAGR of 4.86% during the forecast period.

Logistics

Due to the epidemic situation, many countries have imposed controls on domestic transportation and the movement of people, and imposed restrictions on imported goods. This has led to various levels of logistics disruption, cargo accumulation and transportation delays. At present, the logistics industry in various countries is gradually recovering operations according to different national policies. It is expected that after the epidemic is further controlled, it will basically return to normal.

SME

The epidemic will have an impact on the cash flow of small and medium-sized enterprises in the industry and thus affect the operating conditions. As a result, the share of small and medium-sized enterprises in the market will shrink and the share of head enterprises will increase.

Industrial automation will further develop

The epidemic will promote automated production in the industry, enabling manufacturers to hire more high-tech talents and multi-skilled compound workers, reduce dependence on labor, and better respond to labor fluctuations. At the same time, more and more attention will be paid to the standardization of components, the intelligentization of logistics and the enhancement of the anti-risk ability of the supply chain.

Steady rise in construction industry and rapid urbanization

For the Floor Grinding and Polishing Machine industry, the steady rise of the construction industry and rapid urbanization are important factors driving the development of the industry. Take the United States as an example. The construction industry in the United States is quite developed, with more than 96% of homes equipped with modern sanitary facilities. The design, construction and decoration of its residences are of a high level. The construction industry in the United States has shown a high level in terms of community planning, design, residential construction and community environmental construction, and property management. The quality of its living environment and ecological environment is high, ranking among the world's leading levels.

Development opportunities in the field of decorative concrete

In the field of decorative concrete, polished concrete is undoubtedly the most popular market category. Industrial and commercial flooring communities are adopting polished concrete because it is becoming a new standard. Polished concrete can satisfy durability and aesthetics, while reducing construction costs. At present, many large retailers, such as Wal-Mart, Home Depot, Lowe's, etc., have adopted polished concrete as the standard flooring material for their new and existing stores. In addition, due to the many benefits of polished floors, the popularity of polished concrete will lead to increased demand for Floor Grinding and Polishing Machines during the forecast period.

Region Overview:

In global comparison, a significant portion of the revenue was generated in Asia Pacific (37.17% in 2021).

Company Overview:

Husqvarna
Husqvarna is composed of three departments and two core brands. The unique goal requires a unique team. Three strong, dedicated and empowered departments have specific expertise and can win in their respective markets. Husqvarna's construction department provides professional support, services and tools for the construction and stone industry.

Blastrac

Blastrac ® is a global leader in portable surface treatment technology and equipment. We develop and manufacture environmentally safe shot blasting, grinding, polishing, soil loosening, scraping and milling equipment. Blastrac equipment and systems have become industry standards and are designed for the surface treatment of asphalt roads and runways, concrete, steel, brick, stone and other substrates in industrial, commercial and residential environments.

Superabrasive

Superabrasive has been manufacturing diamond tools and providing products for the concrete, stone manufacturing, and optical industries. Superabrasive's concrete floor product line is called LAVINA (Superabrasive's registered trademark), which has quickly become Superabrasive's core business.

Segmentation Overview:

Among different product types, Handheld segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Commercial Sector segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Floor Grinding and Polishing Machine market covered in Chapter 3:

NSS
Linax
Indutrade(Scanmaskin)
Xingyi Polishing
National Flooring Equipment
Xtreme Polishing Systems
Onyx
Blastrac
SASE Company
Bartell
EDCO
Husqvarna
Superabrasive
Klindex
Substrate Technology

In Chapter 4 and Chapter 14.2, on the basis of types, the Floor Grinding and Polishing Machine market from 2018 to 2029 is primarily split into:

Handheld
Walk-behind
Ride
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Floor Grinding and Polishing Machine market from 2018 to 2029 covers:

Commercial Sector
Residential Sector

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)